Recent comments in /f/boston
TywinShitsGold t1_j4xyxq3 wrote
Reply to comment by 1998_2009_2016 in The Lobster Pot in PTown is for sale if anyone is in the market by roadtrip-ne
Restaurants are ebidta plus owner X 2-3.
Zero chance they do 20%. Probably single digits.
BaconTerminator t1_j4xr7w6 wrote
$14 million ??? Holy shit it’s p town not seaport
InfiniteBlink t1_j4xmush wrote
Reply to comment by Freaky713 in The Lobster Pot in PTown is for sale if anyone is in the market by roadtrip-ne
Cuz you would have to be high to pay that much
peteysweetusername t1_j4xmckq wrote
Reply to comment by 1998_2009_2016 in The Lobster Pot in PTown is for sale if anyone is in the market by roadtrip-ne
There’s real estate and a business valuation involved. Do you think at 20x ebitda value is fair?
peteysweetusername t1_j4xlzby wrote
Reply to comment by Horknut1 in The Lobster Pot in PTown is for sale if anyone is in the market by roadtrip-ne
Exactly. I know it’s a storied place with Anthony bourdain working there in all but they’re clearly looking for a stupid buyer
1998_2009_2016 t1_j4xjwi1 wrote
Reply to comment by peteysweetusername in The Lobster Pot in PTown is for sale if anyone is in the market by roadtrip-ne
Nah, it’s gotta be revenue. $3.5m in profit per year is a price to earnings ratio of like 4. Reasonable pricing is closer to 20 generally.
[deleted] t1_j4xjo8y wrote
Reply to comment by Horknut1 in The Lobster Pot in PTown is for sale if anyone is in the market by roadtrip-ne
[deleted]
wobwobwob42 t1_j4xcgd3 wrote
Reply to comment by Horknut1 in The Lobster Pot in PTown is for sale if anyone is in the market by roadtrip-ne
Not enough to clean it properly according to my last visit. It's a dump.
Horknut1 t1_j4xami8 wrote
Reply to comment by peteysweetusername in The Lobster Pot in PTown is for sale if anyone is in the market by roadtrip-ne
There's no way they're making that much in the off-season.
I don't understand how this price tag would ever be worth it.
steamedfarts t1_j4x911e wrote
Reply to comment by Bostonstrangler69 in TIL In 1971, the Texas legislature unanimously passed a resolution honoring "Boston Strangler" Albert DeSalvo for his work in "population control." Representative Tom Moore Jr. introduced the bill to prove that they pass legislation with no due diligence given to researching the issues beforehand. by Lurchie_
Nice.
Then_Ear t1_j4wyxlh wrote
Reply to Unused Medication by Cuppacoke
I heard it’s great fishing bait
peteysweetusername t1_j4wur5c wrote
Reply to comment by TywinShitsGold in The Lobster Pot in PTown is for sale if anyone is in the market by roadtrip-ne
But that’s 3.5mm in profit, not revenue. Assuming a high profit margin of 20% that would mean annual revenue close to 18mm or like $50k per day, that’s everyday, including the off season.
TywinShitsGold t1_j4wu26r wrote
Reply to comment by Horknut1 in The Lobster Pot in PTown is for sale if anyone is in the market by roadtrip-ne
Take out the $5-6m in land, divide by 2.5. $3.5-4m in discretionary during a good year? If they’re valuing reasonably?
[deleted] t1_j4wssts wrote
Reply to comment by Freaky713 in The Lobster Pot in PTown is for sale if anyone is in the market by roadtrip-ne
[deleted]
KayakerMel t1_j4wrz9g wrote
Reply to TIL In 1971, the Texas legislature unanimously passed a resolution honoring "Boston Strangler" Albert DeSalvo for his work in "population control." Representative Tom Moore Jr. introduced the bill to prove that they pass legislation with no due diligence given to researching the issues beforehand. by Lurchie_
The Texas state legislature makes the Massachusetts legislature look amazing in comparison.
Freaky713 t1_j4wru5h wrote
Why is this flagged as marijuana? Lol
Horknut1 t1_j4wpb9c wrote
How much does this place have to clear a year to make it worth $14MM?
YouAreGenuinelyDumb t1_j4wm2w3 wrote
Reply to comment by DerekMcLeod in TIL In 1971, the Texas legislature unanimously passed a resolution honoring "Boston Strangler" Albert DeSalvo for his work in "population control." Representative Tom Moore Jr. introduced the bill to prove that they pass legislation with no due diligence given to researching the issues beforehand. by Lurchie_
We apparently went from passing anything to passing nothing!
skoorb1 t1_j4wlgjo wrote
Reply to TIL In 1971, the Texas legislature unanimously passed a resolution honoring "Boston Strangler" Albert DeSalvo for his work in "population control." Representative Tom Moore Jr. introduced the bill to prove that they pass legislation with no due diligence given to researching the issues beforehand. by Lurchie_
I think a lot of people commenting here fell to the same April Fools joke the representative played on the legislature.
Still, Texas, I've been there twice, and couldn't get out fast enough both times.
FindOneInEveryCar t1_j4wiyxv wrote
Reply to comment by [deleted] in TIL In 1971, the Texas legislature unanimously passed a resolution honoring "Boston Strangler" Albert DeSalvo for his work in "population control." Representative Tom Moore Jr. introduced the bill to prove that they pass legislation with no due diligence given to researching the issues beforehand. by Lurchie_
LOL same.
[deleted] t1_j4wfbjb wrote
Reply to comment by FindOneInEveryCar in TIL In 1971, the Texas legislature unanimously passed a resolution honoring "Boston Strangler" Albert DeSalvo for his work in "population control." Representative Tom Moore Jr. introduced the bill to prove that they pass legislation with no due diligence given to researching the issues beforehand. by Lurchie_
[deleted]
OrganicUse t1_j4wd5wk wrote
Reply to TIL In 1971, the Texas legislature unanimously passed a resolution honoring "Boston Strangler" Albert DeSalvo for his work in "population control." Representative Tom Moore Jr. introduced the bill to prove that they pass legislation with no due diligence given to researching the issues beforehand. by Lurchie_
Texas gonna Texas.
xtapol t1_j4w8wt0 wrote
Reply to TIL In 1971, the Texas legislature unanimously passed a resolution honoring "Boston Strangler" Albert DeSalvo for his work in "population control." Representative Tom Moore Jr. introduced the bill to prove that they pass legislation with no due diligence given to researching the issues beforehand. by Lurchie_
Sometimes at work I’ll send out a document with a title page and the first few pages, and then a bunch of blank pages. Nobody ever notices.
dtmfadvice t1_j4w8344 wrote
Reply to Unused Medication by Cuppacoke
Sorry for your loss. As others have said, most police stations and CVS pharmacies have unused medication disposal stations.
If those aren't convenient, you can do what my family did when my father passed and just open the bottles and dump the pills in the trash with coffee grounds/food scraps/kitty litter/anything that would make them gross and unusable.
The thing to avoid is flushing them, because they'll go straight into the water supply.
[deleted] t1_j4y1mh8 wrote
Reply to comment by peteysweetusername in The Lobster Pot in PTown is for sale if anyone is in the market by roadtrip-ne
[deleted]